What does CASS mean?

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As above. I’ve seen the word in bank switching FAQ

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  • Aidanmc
    Aidanmc Posts: 737 Forumite
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    Current Account Switching Service
  • Flobberchops
    Flobberchops Posts: 1,279 Forumite
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    As above. It's a service designed to give customers more flexibility in choosing a current account provider. If you're switching from Bank A to Bank B, and both are part of the CASS scheme, then you approach Bank B who will arrange for your account at Bank A to be closed, any balance transferred, standing orders, direct debits and other recurring bills will be carried over, and a redirection service put in place so any payments to your old account are redirected to the new one. That's the process for a full switch - a partial switch is also possible.
    : )
  • MEM62
    MEM62 Posts: 4,754 Forumite
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    In my profession, Caro Accounts Settlement Systems :D
  • MDMD
    MDMD Posts: 1,431 Forumite
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    MEM62 wrote: »
    In my profession, Caro Accounts Settlement Systems :D
    Don’t you mean cargo?:D

    https://www.iata.org/services/finance/Pages/cass.aspx
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